<h1>Finance Minister Approves 14 FDI Proposals Worth Rs. 1257.31 Crore Across Biotechnology, IT, and Renewable Energy Sectors.</h1> The Finance Minister has approved 14 Foreign Direct Investment (FDI) proposals recommended by the Foreign Investment Promotion Board, totaling approximately Rs. 1257.31 crore. These proposals span various sectors, including biotechnology, commerce, renewable energy, IT, telecommunications, and economic affairs. Key investments involve converting companies for downstream projects, share transfers, and setting up new ventures with significant foreign equity. Notable proposals include investments in renewable energy, telecommunications infrastructure, and asset management. Six proposals were deferred, and one applicant was advised to consult the Reserve Bank of India for further action.